News

  • The financial closure of OTP Bank’s Bulgarian acquisition has been completed

    OTP Bank Plc. (“OTP Bank”) announces that the financial closure of the transaction, based on the acquisition agreement on purchasing 99.74% shareholding of Societe Generale Expressbank („SGEB”), the Bulgarian subsidiary of Societe Generale Group (“SG”), and other local subsidiaries held by SGEB, between Societe Generale Group and DSK Bank EAD (“DSK Bank”), the Bulgarian subsidiary of OTP Bank, has been completed on 15 January 2019. The acquisition agreement between SG and DSK Bank was signed on 1 August 2018.